Hotel conversions to check out

A venture led by John Murphy of MB Real Estate Services LLC paid $9.5 million last year for the 15-story Chicago Motor Club building, a landmarked Art Deco tower at 68 E. Wacker Place. The Chicago developer is converting the tower to a 144-room Hampton Inn hotel.

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Gettys One

A rendering of the Hampton Inn's lobby. The developer is restoring a large mural, as well as original terrazzo flooring and plasterwork in the entry.

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MB Real Estate Services LLC

A Murphy-led group also paid $12.8 million for this office tower at 100 W. Monroe St. which is being converted into a 257-room Hyatt hotel.

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Gary Lee Partners

A rendering of a Hyatt guest room at 100 W. Monroe.

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VOA Associates Inc.

Chicago developer Michael Reschke plans a $136 million conversion of the Roanoke Building at 11 S. LaSalle St. to a 380-room Residence Inn by Marriott hotel. Mr. Reschke scored construction financing late last year.

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VOA Associates Inc.

An artist's rendering of a guest room at 11 S. LaSalle.

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CoStar Group Inc.

A joint venture led by Chicago developer Oxford Capital Group LLC bought the landmarked London Guarantee Building at 360 N. Michigan Ave. last year. The venture plans a 450-room hotel conversion, including a major addition addition to the west side of the building, which once housed the offices of Crain's Chicago Business.

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Simeone Deary Design Group

A rendering of the future two-floor lobby at 360 N. Michigan including black marble floors.

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Daniel P. Coffey & Associates Ltd.

Musa Tadros of Crown Commercial Real Estate & Development Inc. is converting a vacant 12-story office building at 168 N. Michigan Ave. to a 145-room Hotel Indigo. The Frankfort-based developer is teaming up on the project with celebrity chef David Burke, who is opening a restaurant in the hotel.

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CoStar

The Loop's New York Life Insurance Building is soon to be the Kimpton Gray Hotel.

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CoStar Group Inc.

Chicago-based AJ Capital Partners LLC and San Francisco-based Geolo Capital are partners in a project converting the former Chicago Athletic Association at 12 S. Michigan Ave. to a 240-room luxury hotel. The developers landed a $61 million construction loan last year for the project.

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CoStar Group Inc.

Virgin Hotels, the hospitality arm of business mogul Richard Branson, plans a 250-room hotel at the Old Dearborn Bank Building, a landmarked Art Deco tower built in 1928. Virgin acquired the property in 2011.

Developers are adding thousands of hotel rooms downtown,
including many conversions of vintage office towers. Check out
these images of projects under way.

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